Active

1220-1222 NE 110th Ter

Miami, FL 33161

$749,000 $3,157/Mo

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Overview

Bed

Bath

2,090

Sqft

Description

Rare opportunity to own a fully legal 3-unit triplex in a highly desirable Miami location near Biscayne Blvd, offered at $749,000 — approximately $250K per unit. This income-producing property features two 2/1 units and one fully renovated efficiency. One 2/1 is currently vacant and was previously renting for $1,850/month until September 2025 and is now actively marketed at $1,850. The second 2/1 is rented month-to-month at $1,750/month, and the renovated efficiency is leased at $1,395/month through August 31, 2026 with option to renew. The property is cash flowing from day one with strong in-place income and additional upside potential. If the two 2/1 units are renovated, there is a clear opportunity to further increase rents and maximize returns, making this an attractive value-add inves tment. Expenses are estimated at approximately $8,000 per year. All units are separately metered with tenants paying their own electricity. Water is included up to $75 per month, with any overage split among tenants. Prime central location surrounded by shopping centers, restaurants, businesses, and just minutes to Downtown Miami, beaches, and major highways, offering strong rental demand and long-term appreciation potential.

Property Details

Property Type : ResidentialIncome

Price : $749,000

AD Id : 75347793

MLS Id : A11965310

Beds : 4

Living Area Size : 2,090

Year Built : 1954

County : Miami-Dade

Subdivision: Dixie

Map

Features

Interior Features

Roof: Other
Heating & Cooling

Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir, Electric

Building Information

Year Built: 1954

Building Area Total: 2090

Construction Materials: Block

Stories: 1

Pool Features: None

Private Pool: No

Lot Information

Lot Description: LessThanQuarterAcre

Property Information

Subdivision: BISCAYNE SHORES CORR PLAT Source Property Type: ResidentialIncome Postal Code Plus 4: 7625 Zoning Description: 3700 Property SubType: Triplex Levels: One Property Age: 72

Listing Price Information

Listing Price: $749000

Cash, Conventional, FHA, VaLoan

Tax Information

Parcel Number: 30-22-32-010-0370 Tax Year: 2025 Annual Tax: $8212 Tax Legal Desc: BISCAYNE SHORES CORR PLAT PB 23-52 LOT 12 BLK 3 LOT SIZE 50.000 X 125 OR 17608-4204 0497 4

Parking Information

Parking Total: 6

Utility Information

CableAvailable
Location Information

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
250 NE 119th Terrace, Miami, FL, 33161	$2,250,000	8	8	5,600	5,600 SqFt
171 NE 117th Street, Miami, FL, 33161	$725,000	4	4	1,765	1,765 SqFt
1301 NE 110th Terrace, Miami, FL, 33161	$610,000	4	3	1,482	1,482 SqFt
1255 NE 110th Ter, Miami, FL, 33161	$660,000	5	2	--
224 NE 111th St, Miami, FL, 33161	$675,000	3	1	1,484	1,484 SqFt
283 NE 111th Street #283, Miami, FL, 33161	$599,000	2	2	1,682	1,682 SqFt
Residentialincome, Miami, FL, 33161	$1,100,000	5	3	--
11310 Peachtree Dr, Miami, FL, 33161	$699,999	3	3	1,204	1,204 SqFt
11515 NE 12th Ave, Miami, FL, 33161	$880,000	6	2	2,331	2,331 SqFt
14615 NE 14th Ave, Miami, FL, 33161	$695,000	4	2	1,920	1,920 SqFt

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ByOwner last updated this listing 06/11/2026 @ 21:09

MLS: A11965310 LISTED BY: Elizabeth Hicks, Dalton Wade Inc 941-266-6873 SOURCE: SEFMIAMI